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Iceland Average Trade Openness 1970-2025

Name: Iceland Trade Openness
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

75.29% 56 data points

Trade as % of GDP · World Bank

Iceland's average trade openness from 1970 to 2025 was 75.29%, based on 56 data points.

All Data (sorted by year)▾

Year	Value	Change	Rank
2025	96.00%	+10.03%	81st
2024	85.97%	−1.44%	85th
2023	87.40%	−5.64%	90th
2022	93.05%	+16.82%	98th
2021	76.23%	+7.58%	86th
2020	68.66%	−15.14%	85th
2019	83.79%	−5.14%	99th
2018	88.93%	+2.58%	107th
2017	86.36%	−1.40%	105th
2016	87.76%	−7.13%	108th
2015	94.89%	−0.40%	120th
2014	95.29%	−2.41%	114th
2013	97.70%	−4.74%	114th
2012	102.43%	+2.30%	116th
2011	100.13%	+7.64%	115th
2010	92.49%	+3.49%	110th
2009	89.00%	+7.10%	117th
2008	81.90%	+8.28%	88th
2007	73.62%	−3.01%	71st
2006	76.63%	+5.42%	80th
2005	71.21%	+1.48%	74th
2004	69.73%	+2.33%	67th
2003	67.40%	−1.31%	74th
2002	68.71%	−5.23%	78th
2001	73.94%	+3.69%	93rd
2000	70.25%	+1.78%	81st
1999	68.47%	−2.30%	81st
1998	70.77%	+1.51%	81st
1997	69.26%	+0.56%	80th
1996	68.70%	+4.39%	84th
1995	64.30%	+1.01%	79th
1994	63.29%	+3.81%	78th
1993	59.48%	+1.62%	75th
1992	57.86%	−3.01%	73rd
1991	60.87%	−2.04%	81st
1990	62.91%	+1.12%	80th
1989	61.79%	+0.37%	68th
1988	61.42%	−4.94%	67th
1987	66.36%	−3.54%	77th
1986	69.90%	−6.68%	82nd
1985	76.58%	+4.07%	80th
1984	72.52%	−1.10%	75th
1983	73.62%	+7.75%	77th
1982	65.87%	−1.55%	69th
1981	67.42%	−0.25%	66th
1980	67.67%	−3.58%	69th
1979	71.24%	+4.44%	66th
1978	66.81%	+3.29%	64th
1977	63.51%	−1.98%	60th
1976	65.50%	−5.95%	67th
1975	71.45%	+2.29%	68th
1974	69.16%	−0.60%	63rd
1973	69.76%	+1.29%	71st
1972	68.47%	−9.05%	74th
1971	77.52%	−6.61%	79th
1970	84.13%	–	83rd

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